Twin Butte Energy Ltd TBTEF

RE:Pros and Cons of Dissenting

[dangood]

When you dissent you have a right to fair value. This is the value of the shares assuming the Company is not under duress which gives shareholders some protection. The shares have to be held in your name, not the name of your broker. I noticed there was an opinion on the common shares but not the debentures so if you have commons you need a different opinion supporting your value by a chartered business valuator. If you have debentures you likely just need an opinion as management did not solicit an opinion at all. A judge will decide what opinion has more merit and it could go to trial with one cbv versus another. The Company will never admit they sold the shares at too low a price so     what you get paid will generally be negotiated between lawyers. I dissented my Dundee Realty shares a number of years ago and settled for what all other shareholder's received plus they covered all my legal fees. They didn't know my legal fees were zero so I walked away with what I wanted. I also dissented Morgan Financial and Municipal Banker shares in the past.